LIMONEIRA | Jotup

Limoneira’s Joint Venture with Lewis Group of Companies Announces Approval for Additional 550 Dwelling Units in Harvest at Limoneira Development Project

Retrieved on:

Tuesday, May 7, 2024

Retail, Residential Building & Real Estate, Agriculture, Natural Resources, Construction & Property, Food, Beverage, Sale, Housing, Pacific Ocean, Partnership, Lennar, SOAR, Marketing

The Santa Paula City Council approved an amendment allowing for the 550 unit increase on April 3, 2024.

Key Points:

The Santa Paula City Council approved an amendment allowing for the 550 unit increase on April 3, 2024.
The 550-unit increase will provide 250 additional single family for-sale homesites within Phase 3 of Harvest.
Additionally, the Company in partnership with Lewis plans to construct 300 multi-family rental homes on a mixed-use portion of the project.
The last lot sales in Phase 1 of Harvest closed back in October of 2023.

Limoneira’s Joint Venture with The Lewis Group of Companies Announces the Closing for all of Phase 2 at Harvest at Limoneira with National Home Builder Lennar

Retrieved on:

Thursday, May 2, 2024

Retail, Residential Building & Real Estate, Agriculture, Natural Resources, Construction & Property, Food, Beverage, Sale, Marketing, Pacific Ocean, Housing

These homesites were purchased by Lennar, one of the primary builders in Phase 1 of Harvest, and completes the sell-out of Phase 2 of Harvest.

Key Points:

These homesites were purchased by Lennar, one of the primary builders in Phase 1 of Harvest, and completes the sell-out of Phase 2 of Harvest.
Phase 2 is the Foothill Neighborhood, consisting of seven different lot types with home sizes ranging from approximately 1,500 to 3,500 square feet.
Lennar was one of the guest builders within Phase 1 and we are excited that they have committed to being the sole builder for Phase 2.
Harvest at Limoneira is a well-balanced, comprehensively designed community providing a range of new housing options near the Pacific Ocean.

Limoneira Company Announces First Quarter Fiscal Year 2024 Financial Results

Retrieved on:

Thursday, March 7, 2024

Other Natural Resources, Other Construction & Property, Residential Building & Real Estate, Agriculture, Natural Resources, Construction & Property, Operating cost, Marketing, Avocado, Sale, Fruit, Hand, EPS, Farm

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the first quarter ended January 31, 2024.

Key Points:

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the first quarter ended January 31, 2024.
The Company recognized $1.1 million of orange revenue in the first quarter of fiscal year 2024, compared to $1.2 million in the same period of fiscal year 2023.
Total costs and expenses in the first quarter of fiscal year 2024 were $47.5 million, compared to $12.0 million in the first quarter of last fiscal year.
The Company expects fresh lemon volumes to be in the range of 5.0 million to 5.5 million cartons for fiscal year 2024.

Limoneira Moves Forward with Deployment of LNC for Climate Smart Lemon Farming in Yuma, Arizona: Desert Control AS

Retrieved on:

Wednesday, January 31, 2024

Soil, Tree, Water, Natural Resources, Citrus, Health, Renewable energy

Desert Control, on 31 January 2024, received a purchase order from Limoneira to apply LNC for an additional 6,652 trees over 60 acres at the Yuma ranch for the upcoming season.

Key Points:

Desert Control, on 31 January 2024, received a purchase order from Limoneira to apply LNC for an additional 6,652 trees over 60 acres at the Yuma ranch for the upcoming season.
The relationship between Desert Control and Limoneira started with a small technical LNC pilot project for 50 trees at the Yuma ranch in July 2022.
"We are excited to expand our work with Limoneira as a frontrunner of sustainable and profitable desert farming practices," says Managing Director of Desert Control Americas, Marty Weems.
The staged deployment with Limoneira is a foundational step for larger-scale projects and a testament to the feasibility and potential of LNC in the agricultural sector.

Limoneira Moves Forward with Deployment of LNC for Climate Smart Lemon Farming in Yuma, Arizona: Desert Control AS

Retrieved on:

Wednesday, January 31, 2024

Soil, Tree, Water, Natural Resources, Citrus, Health, Renewable energy

Desert Control, on 31 January 2024, received a purchase order from Limoneira to apply LNC for an additional 6,652 trees over 60 acres at the Yuma ranch for the upcoming season.

Key Points:

Desert Control, on 31 January 2024, received a purchase order from Limoneira to apply LNC for an additional 6,652 trees over 60 acres at the Yuma ranch for the upcoming season.
The relationship between Desert Control and Limoneira started with a small technical LNC pilot project for 50 trees at the Yuma ranch in July 2022.
"We are excited to expand our work with Limoneira as a frontrunner of sustainable and profitable desert farming practices," says Managing Director of Desert Control Americas, Marty Weems.
The staged deployment with Limoneira is a foundational step for larger-scale projects and a testament to the feasibility and potential of LNC in the agricultural sector.

Limoneira to Present at the 26th Annual ICR Conference

Retrieved on:

Tuesday, December 26, 2023

Professional Services, Other Natural Resources, Other Construction & Property, Agriculture, Food, Beverage, Commercial Building & Real Estate, Natural Resources, Construction & Property, Retail, Public Relations, Investor Relations, Communications, Finance, Marketing, Webcast, Conference

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that Harold Edwards, the Company's Chief Executive Officer, and Mark Palamountain, the Company's Chief Financial Officer, will be presenting at the 26th Annual ICR Conference, to be held January 8-10, 2024, at the JW Marriot Orlando Grande Lakes in Orlando, Florida.

Key Points:

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that Harold Edwards, the Company's Chief Executive Officer, and Mark Palamountain, the Company's Chief Financial Officer, will be presenting at the 26th Annual ICR Conference, to be held January 8-10, 2024, at the JW Marriot Orlando Grande Lakes in Orlando, Florida.
The Limoneira investor presentation is scheduled for Tuesday, January 9, 2024, at 8:30 am ET.
The presentation will be webcast live and archived at www.limoneira.com .
Visitors to the website should select the "Investor” tab and navigate to the “Events & Presentations” section to access the webcast.

Limoneira Company Announces Fiscal Fourth Quarter and Full Year 2023 Financial Results

Retrieved on:

Thursday, December 21, 2023

Retail, Residential Building & Real Estate, Agriculture, Natural Resources, Construction & Property, Food, Beverage, Marketing, Operating cost, Sale, Avocado, Hand, Water, Weather, EPS, Security (finance)

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the fiscal fourth quarter and full year ended October 31, 2023.

Key Points:

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the fiscal fourth quarter and full year ended October 31, 2023.
The Company recognized no avocado revenue in the fourth quarter of fiscal year 2023, compared to nominal avocado revenue during the same period of fiscal year 2022.
The Company recognized $1.9 million of orange revenue in the fourth quarter of fiscal year 2023, compared to $2.7 million in the same period of fiscal year 2022.
Total costs and expenses in the fourth quarter of fiscal year 2023 were $51.1 million, compared to $41.5 million in the fourth quarter of last fiscal year.

Limoneira’s Joint Venture with Lewis Group of Companies Announces Additional 121 Homesite Closings with Lennar and Richmond American Homes

Retrieved on:

Wednesday, November 1, 2023

Retail, Agriculture, Natural Resources, Food, Beverage, Phase, Lavandula, American Home Mortgage, Marketing, Housing, Lennar, Pacific Ocean, Property management, Harvest

The 121 closings include 50 homesites purchased by Lennar, and 71 homesites purchased by Richmond American Homes.

Key Points:

The 121 closings include 50 homesites purchased by Lennar, and 71 homesites purchased by Richmond American Homes.
Both Lennar and Richmond American Homes, two of the country’s largest homebuilders, are the primary guest builders at Phase 1 of Harvest.
Harold Edwards, President and Chief Executive Officer of the Limoneira Company, stated, “We are very pleased to announce the two closings totaling 121 homesites with our respected guest builders, Lennar and Richmond American Homes.
Richmond American Homes has now purchased a total of 209 residential homesites within Phase 1 at Harvest, and this will be a continuation of Richmond American Home’s closed-out Willow community located within Harvest.

Limoneira Company Announces Third Quarter Fiscal Year 2023 Financial Results

Retrieved on:

Thursday, September 7, 2023

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the third quarter ended July 31, 2023.

Key Points:

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the third quarter ended July 31, 2023.
The Company recognized $3.5 million of avocado revenue in the third quarter of fiscal year 2023, compared to $12.6 million in the same period last fiscal year.
The Company recognized $1.3 million of orange revenue in the third quarter of fiscal year 2023, compared to $3.7 million in the same period of fiscal year 2022.
Total costs and expenses for the third quarter of fiscal year 2023 were $54.0 million, compared to $47.9 million in the third quarter of last fiscal year.

Limoneira Company Announces Second Quarter Fiscal Year 2023 Financial Results

Retrieved on:

Tuesday, June 6, 2023

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the second quarter ended April 30, 2023.

Key Points:

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the second quarter ended April 30, 2023.
The Company recognized $3.6 million of avocado revenue in the second quarter of fiscal year 2023, similar to the same period last fiscal year.
Total costs and expenses for the second quarter of fiscal year 2023 were $51.9 million, compared to $44.2 million in the second quarter of last fiscal year.
Operating loss for the second quarter of fiscal year 2023 was $3.9 million, compared to operating income of $2.6 million in the second quarter of the previous fiscal year.